Musk denies report to launch stock trading platform
X-owner Elon Musk has denied a report that claimed that the company is planning to launch its own stock trading platform.
Meta-owned social media platforms — Facebook, Instagram, Messenger and Threads — faced a large scale global outage on Tuesday, according the outage tracking website Downdetector.
Thousands of users from India and across the world reported Facebook and Instagram were not working on their devices.
Those already logged in, were automatically logged out. Some were unable to refresh their social media feed, while others were asked to change their passwords.
Advertisement
The Downdetector said that there were more than 300,000 reports of outages on Facebook, and as many 20,000 reports on Instagram.
Following the reports, Meta issued a statement acknowledging the outage and said it was working to resolve the issue.
“We’re aware people are having trouble accessing our services. We are working on this now,” said Meta spokesperson Andy Stone.
As Meta platforms were down and people moved to ‘X’ to post about the outage, the Elon Musk-owned social media giant made a tongue-in-cheek post: “we know why you’re all here rn.”
Musk also took a dig and said, “If you’re reading this post, it’s because our servers are working.”
If you’re reading this post, it’s because our servers are working
— Elon Musk (@elonmusk) March 5, 2024
The services of the Meta-owned social media platforms have now resumed for most users.
Advertisement
